Bitcoin Capitulation Now Mirrors COVID, China Ban, and Luna Collapse Levels – Historical Stress Point | Bitcoinist.com

Bitcoin has officially entered a capitulation phase as relentless selling pressure and macro uncertainty push the market into one of its most stressful moments of the cycle. After reaching its $126,000 all-time high in early October, BTC has collapsed to a fresh local low near $80,000 in under two months — a stunning 35% drawdown […]